Member Info for Blubay

Assuming you bought after the dilution then happy days and massive gains in store

"Place the automatic buy order for 110p you’ll be successful just be patient"

That's not going to work. 110p is the placing price and it hasn't been repeated so no-one is getting 110p orders filled.

share were all bought up but may not have been traded yet, main thing is that the price hasn't drifted below the IPO throughout the initial period, which many stocks do (and probably confirms it was under priced). The main concern is lack of volume, will probably take some news or serious PR work to shift that.

Still got a fair amount to prove on that score, plenty of possibilities, plenty of dilution, still waiting on the delivery. The most recent plan was for four drills in 2021, we haven’t had one yet. Still, plenty of potential at a basement price. It’s unlikely to go lower so there’s considerable upside. When, and with what further dilution, is another question. News soon… maybe

Just recycling old news to fill the information void while we wait I guess

Tweet is copied/summarised from here
https://www.mosmanoilandgas.com/amadeus-basin

Ah, seems to be just old news quoting what’s on the company website about the original report before the capital raise. Not sure why they’re Tweeting it now.

Does that mean no helium prospects or they just didn’t mention it?

It's a gamble for sure but yes, the NASDAQ game plan is precisely in making the share attractive and available to more and newer types of institutional investors in the sector, and reducing it's reliance on the volatility of private investors and traders in the process. That's where the real growth value is. Hopefully it works.

"We would be 180 if listed on just lse with the bitcoin booming!"

In which case we would also be without any plans for Texas or mining machines and therefore not at 180

I doubt it. The target price will be the IPO entry of $15 per ADR, which is about 110p.

Interesting, demand competition on the network increases as adoption increases with more payments requiring confirmation etc, as competition for quicker transactions increases (e.g. defi apps) then under the current system fees also would increase (if exchange wallets are set to dynamically calculate the fee to network demand).

Last RNS assumed total 1.7EH by mid Q4, which I guess means during November

I suspect we have to wait for the SP to hit the $15 IPO price before a new wave of buying really kicks in, currently $15.50 out of hours.

https://www.ft.com/content/167a35ad-0fca-430d-a72d-b5967c557c04

Why should your sentiment drive a company’s business decisions?

Every trade is both a buy and sell, someone else sold it and you bought it. The ticker on this page just shows whether the price was above or below the mid price on the book and guesses that means buy or sell.

Because it’s next door to the power grid substation, they can put turbines on-site, and it needs to be built for immersion technologies, it’s not just a shed.

@Tall - as this share was only really above 200p for a few weeks during a very exceptional period of retail FOMO buying it's not really an established norm that we ought to benchmark our subjective valuations against. Granted we've had five more months of mining and hodl and just launched on the global stage but early days still for actual business growth. I've no doubt we'll get there soon enough and BTC surge will help with confidence but I think it will need more evidence of actual achievements. We have two recent valuations of 240-250p on completion of Texas when BTC was at $44k so it seems fair to up those by a bit, if everything else is still on track.

"Hearsay admittedly"

it would have to be hearsay because if it was real there would have to publish an RNS with a 'significant shareholders' declaration.

Disclosure of miscellaneous information
"17. An AIM company must issue notification without delay of:
...any relevant changes to any significant shareholders, disclosing, insofar as it has such information, the information specified by Schedule Five;"